The independence, or lack thereof, of auditors and valuation experts arose as participants discussed Goodwill (not the thrift store, the financial concept). After learning Goodwill is the “plug” between the asset value of an acquisition and the price … [Read more...]

It's annual report season, which includes announcements from the CEO and/or chairman of every public U.S. company. Given that Warren Buffett, the chairman of Berkshire Hathaway, is the most successful investor of all time, you might expect that a … [Read more...]

With unemployment above 10 percent the federal government is considering another stimulus package in an effort to create or save more jobs. The idea of spending more stimulus money gives us pause. We do believe that stimulus money can truly stimulate … [Read more...]

During the dot-com boom, EBITDA became a popular way to measure how healthy a business was. EBITDA scores became the talk of Silicon Valley cocktail parties, where party goers would ask each other, "How soon will you be EBITDA positive?"
Today … [Read more...]

Everyone in business should understand how financial success is measured and how they, individually, make an impact.
A Fortune 100 company we work with held a two-day class recently to teach various mid-level managers the foundational elements of … [Read more...]

Enroll in Online Financial Training today, it’s only $99

Looking for training on the income statement, balance sheet, and statement of cash flows? At some point managers need to understand the statements and how you affect the numbers. Learn more about financial ratios and how they help you understand financial statements.